NGC announced that it has joined the Association for Retail Technology Standards committee to develop retail PLM standards. ARTS is the division of the National Retail Federation that is dedicated to creating open technology standards through collaboration between retailers and technology vendors.
As a member of the PLM committee, NGC will work alongside retailers and technology vendors to develop an XML scheme representation for the product development lifecycle. When completed, the ARTS PLM standards will help drive more efficient product development lifecycles, improve communications between retailers and their trading partners, and improve data management. The scope of work includes Product Quality and Testing; Product Construction; Merchandise Calendars and Hierarchy; Color and Material Management; and Labeling, Packaging and Handling.
“ARTS is delighted that NGC has joined the PLM committee,” said Richard Mader, executive director of the NRF's Association for Retail Technology Standards. “It's important for ARTS to bring the industry's leading technology vendors and retailers into the standards process, and NGC's years of experience in apparel, retail and technology will enable them to be a valuable participant. ARTS looks forward to the contributions of NGC and our other committee members.”
“PLM is a critical technology for helping retailers reduce costs, improve time to market, and increase profit margins. NGC is proud to be part of ARTS' important work in setting new PLM standards,” said Alan Brooks, president, NGC. “We believe this will help drive further acceptance of PLM in retail – which in turn, can help retailers become more competitive.”
NGC (New Generation Computing) delivers fast, proven ROI. Every day, the industry's best brands, retailers and consumer product importers increase gross margins, reduce the cost of goods sold, improve speed to market and product quality, and manage CPSIA compliance with NGC software.